Vanquis Banking Group PLC

LSE:VANQ UK Banks - Regional
Market Cap
$3.46 Million
GBX28.47 Billion GBX
Market Cap Rank
#42760 Global
#670 in UK
Share Price
GBX111.00
Change (1 day)
-1.07%
52-Week Range
GBX54.10 - GBX130.80
All Time High
GBX1683.37
Categories
Companies in UK Banks - Regional Banking & Financial
About

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles. It also operates Snoop, a fintech app, that uses open banki… Read more

Vanquis Banking Group PLC (VANQ) - Net Assets

Latest net assets as of June 2025: GBX434.70 Million GBX

Based on the latest financial reports, Vanquis Banking Group PLC (VANQ) has net assets worth GBX434.70 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.45 Billion) and total liabilities (GBX3.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX434.70 Million
% of Total Assets 12.61%
Annual Growth Rate 5.32%
5-Year Change -31.88%
10-Year Change -37.66%
Growth Volatility 17.3

Vanquis Banking Group PLC - Net Assets Trend (1985–2024)

This chart illustrates how Vanquis Banking Group PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Vanquis Banking Group PLC (1985–2024)

The table below shows the annual net assets of Vanquis Banking Group PLC from 1985 to 2024.

Year Net Assets Change
2024-12-31 GBX441.20 Million -24.34%
2023-12-31 GBX583.10 Million -5.14%
2022-12-31 GBX614.70 Million -2.61%
2021-12-31 GBX631.20 Million -2.55%
2020-12-31 GBX647.70 Million -11.19%
2019-12-31 GBX729.30 Million -7.95%
2018-12-31 GBX792.30 Million +48.07%
2017-12-31 GBX535.10 Million -32.27%
2016-12-31 GBX790.10 Million +11.64%
2015-12-31 GBX707.70 Million +15.45%
2014-12-31 GBX613.00 Million +47.07%
2013-12-31 GBX416.80 Million +11.03%
2012-12-31 GBX375.40 Million +15.08%
2011-12-31 GBX326.20 Million +5.43%
2010-12-31 GBX309.40 Million +15.28%
2009-12-31 GBX268.40 Million -3.42%
2008-12-31 GBX277.90 Million -6.08%
2007-12-31 GBX295.90 Million -16.41%
2006-12-31 GBX354.00 Million +11.53%
2005-12-31 GBX317.40 Million -23.46%
2004-12-31 GBX414.70 Million -7.64%
2003-12-31 GBX449.00 Million +11.51%
2002-12-31 GBX402.67 Million +35.79%
2001-12-31 GBX296.55 Million +11.20%
2000-12-31 GBX266.69 Million +2.96%
1999-12-31 GBX259.02 Million +4.74%
1998-12-31 GBX247.30 Million -14.95%
1997-12-31 GBX290.76 Million +7.88%
1996-12-31 GBX269.53 Million +16.13%
1995-12-31 GBX232.10 Million +15.91%
1994-12-31 GBX200.24 Million +13.46%
1993-12-31 GBX176.48 Million +14.50%
1992-12-31 GBX154.13 Million +12.47%
1991-12-31 GBX137.04 Million +8.44%
1990-12-31 GBX126.37 Million +7.41%
1989-12-31 GBX117.66 Million +37.81%
1988-12-31 GBX85.38 Million +14.77%
1987-12-31 GBX74.39 Million +13.31%
1986-12-31 GBX65.65 Million +12.45%
1985-12-31 GBX58.38 Million --

Equity Component Analysis

This analysis shows how different components contribute to Vanquis Banking Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 562.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock GBX53.20 Million 12.06%
Other Comprehensive Income GBX10.80 Million 2.45%
Other Components GBX554.50 Million 125.68%
Total Equity GBX441.20 Million 100.00%

Vanquis Banking Group PLC Competitors by Market Cap

The table below lists competitors of Vanquis Banking Group PLC ranked by their market capitalization.

Company Market Cap
NET 1 UEPS TECH
BE:NJPA
 		$38.71K
Novae Group Plc
STU:NVAL
 		$38.71K
BALM3F
SA:BALM3F
 		$38.75K
Capital Drilling Ltd
LSE:CAPD
 		$38.79K
GENESIS MIN
BE:3G2
 		$38.69K
POLAR CAP.T. LS-25
F:0Y1
 		$38.67K
VIVA3F
SA:VIVA3F
 		$38.64K
WEATHERF INT REG.
F:WH4
 		$38.62K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vanquis Banking Group PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 583,100,000 to 441,200,000, a change of -141,900,000 (-24.3%).
  • Net loss of 119,300,000 reduced equity.
  • Dividend payments of 2,500,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,300,000.
  • Other factors decreased equity by 18,800,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-119.30 Million -27.04%
Dividends Paid GBX2.50 Million -0.57%
Other Comprehensive Income GBX-1.30 Million -0.29%
Other Changes GBX-18.80 Million -4.26%
Total Change GBX- -24.34%

Book Value vs Market Value Analysis

This analysis compares Vanquis Banking Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 64.27x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 320.47x to 64.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 GBX0.35 GBX111.00 x
1986-12-31 GBX0.43 GBX111.00 x
1987-12-31 GBX0.44 GBX111.00 x
1988-12-31 GBX0.50 GBX111.00 x
1989-12-31 GBX0.68 GBX111.00 x
1990-12-31 GBX0.73 GBX111.00 x
1991-12-31 GBX0.77 GBX111.00 x
1992-12-31 GBX0.86 GBX111.00 x
1993-12-31 GBX0.97 GBX111.00 x
1994-12-31 GBX1.10 GBX111.00 x
1995-12-31 GBX1.26 GBX111.00 x
1996-12-31 GBX1.46 GBX111.00 x
1997-12-31 GBX1.57 GBX111.00 x
1998-12-31 GBX1.37 GBX111.00 x
1999-12-31 GBX1.45 GBX111.00 x
2000-12-31 GBX1.57 GBX111.00 x
2001-12-31 GBX1.74 GBX111.00 x
2002-12-31 GBX2.41 GBX111.00 x
2003-12-31 GBX2.57 GBX111.00 x
2004-12-31 GBX2.38 GBX111.00 x
2005-12-31 GBX1.82 GBX111.00 x
2006-12-31 GBX2.03 GBX111.00 x
2007-12-31 GBX1.64 GBX111.00 x
2008-12-31 GBX1.56 GBX111.00 x
2009-12-31 GBX1.49 GBX111.00 x
2010-12-31 GBX1.71 GBX111.00 x
2011-12-31 GBX1.78 GBX111.00 x
2012-12-31 GBX2.01 GBX111.00 x
2013-12-31 GBX2.21 GBX111.00 x
2014-12-31 GBX3.18 GBX111.00 x
2015-12-31 GBX4.84 GBX111.00 x
2016-12-31 GBX3.96 GBX111.00 x
2017-12-31 GBX3.67 GBX111.00 x
2018-12-31 GBX2.93 GBX111.00 x
2019-12-31 GBX2.86 GBX111.00 x
2020-12-31 GBX2.55 GBX111.00 x
2021-12-31 GBX2.52 GBX111.00 x
2022-12-31 GBX2.42 GBX111.00 x
2023-12-31 GBX2.30 GBX111.00 x
2024-12-31 GBX1.73 GBX111.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vanquis Banking Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -27.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.02%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 7.65x
  • Recent ROE (-27.04%) is below the historical average (23.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 23.16% 7.29% 0.60x 5.31x GBX7.67 Million
1986 21.99% 6.93% 0.63x 5.01x GBX7.87 Million
1987 23.91% 8.22% 0.63x 4.59x GBX10.35 Million
1988 21.74% 8.03% 0.64x 4.23x GBX10.03 Million
1989 29.98% 12.33% 0.63x 3.87x GBX23.51 Million
1990 19.29% 7.68% 0.62x 4.02x GBX11.74 Million
1991 17.61% 6.71% 0.67x 3.90x GBX10.43 Million
1992 18.24% 7.57% 0.69x 3.51x GBX12.71 Million
1993 23.74% 10.48% 0.62x 3.63x GBX24.25 Million
1994 27.15% 12.21% 0.60x 3.73x GBX34.35 Million
1995 29.20% 15.11% 0.54x 3.56x GBX44.55 Million
1996 29.46% 18.48% 0.50x 3.16x GBX52.46 Million
1997 32.16% 21.05% 0.48x 3.15x GBX64.43 Million
1998 42.37% 20.71% 0.52x 3.94x GBX80.05 Million
1999 43.09% 19.16% 0.55x 4.05x GBX85.71 Million
2000 44.10% 16.16% 0.59x 4.62x GBX90.94 Million
2001 41.75% 14.86% 0.58x 4.82x GBX94.16 Million
2002 29.45% 13.55% 0.48x 4.56x GBX78.32 Million
2003 31.43% 12.44% 0.58x 4.38x GBX96.20 Million
2004 34.82% 11.35% 0.62x 4.97x GBX102.93 Million
2006 35.28% 19.08% 0.34x 5.40x GBX89.50 Million
2007 46.77% 20.68% 0.62x 3.63x GBX108.81 Million
2008 33.14% 12.26% 0.61x 4.41x GBX64.31 Million
2009 33.01% 10.86% 0.64x 4.75x GBX61.76 Million
2010 32.81% 11.72% 0.63x 4.46x GBX70.56 Million
2011 36.73% 14.24% 0.57x 4.53x GBX87.18 Million
2012 38.89% 16.13% 0.54x 4.49x GBX108.46 Million
2013 33.83% 14.05% 0.55x 4.34x GBX99.32 Million
2014 28.65% 17.59% 0.44x 3.68x GBX114.30 Million
2015 30.83% 21.12% 0.42x 3.49x GBX147.43 Million
2016 33.27% 23.87% 0.39x 3.58x GBX183.89 Million
2017 -25.12% -12.01% 0.38x 5.54x GBX-187.91 Million
2018 9.28% 10.51% 0.21x 4.29x GBX-5.03 Million
2019 10.48% 13.18% 0.20x 3.99x GBX3.47 Million
2020 -12.88% -13.55% 0.20x 4.75x GBX-148.17 Million
2021 -5.09% -6.00% 0.20x 4.32x GBX-95.22 Million
2022 12.59% 14.35% 0.20x 4.33x GBX15.93 Million
2023 -1.03% -1.00% 0.19x 5.50x GBX-64.31 Million
2024 -27.04% -26.02% 0.14x 7.65x GBX-163.42 Million

Industry Comparison

This section compares Vanquis Banking Group PLC's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $353,477,251,800
  • Average return on equity (ROE) among peers: 13.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vanquis Banking Group PLC (VANQ) GBX434.70 Million 23.16% 6.93x $38.70K
Bper Banca SpA (0MU6) $11.56 Billion 12.13% 11.16x $12.96 Billion
Arbuthnot Banking Group Plc (ARBB) $208.34 Million 2.96% 11.46x $17.28K
Axis Bank Ltd GDR (AXB) $1.30 Trillion 8.31% 9.33x $354.81 Million
Halyk Bank of Kazakhstan Joint Stock Company (HSBK) $529.93 Billion 22.70% 7.41x $2.64 Billion
Nationwide Building Society (NBS) $4.19 Billion 6.28% 19.41x $1.30 Billion
Permanent TSB Group Holdings PLC (PTSB) $1.71 Billion -9.50% 11.30x $1.72 Billion
SANTANDER UK 8 5/8% NON-CUM STLG PRF (SANB) $15.91 Billion 7.07% 16.81x $157.33
State Bank of India GDR (SBID) $1.67 Trillion 10.18% 15.18x $471.55 Billion
Shawbrook Group PLC (SHAW) $437.20 Million 14.82% 9.63x $310.15K
Secure Trust Bank PLC (STB) $236.00 Million 58.26% 5.40x $32.03K